August 29, 2018 / 12:47 PM / 4 months ago

Argentina is asking IMF for early release of standby funds

BUENOS AIRES, Aug 29 (Reuters) - Argentina is asking the International Monetary Fund for early release of funds from the country’s $50 billion standby financing deal, President Mauricio Macri said in a televised address on Wednesday, a move aimed at calming turbulent markets.

Reporting by Hugh Bronstein

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